Arctic LNG 2 is expected to cost 21 billion euros. Behind the name is a huge energy project: The Russian company Nowatek wants to promote, liquefy and sell natural gas in Siberia in cooperation with the French energy company Total and companies from Japan and China. The Dax group Linde is to supply the technology.
And, as the “Spiegel” reports, the federal government could also participate in the project. At least financially.
Because, according to the magazine, according to a document by the French export credit agency Bpifrance, the federal government is considering promoting Arctic LNG 2 with a guarantee. It’s about 300 million euros, which the export credit agency Euler Hermes is supposed to secure.
A lot of money for an explosive project – and at an explosive time.
Greens demand: No guarantees for Russian energy projects
Russian natural gas has long been an issue in Germany. The poisoning of the Kremlin critic Alexei Navalny has increased the excitement surrounding the issue. The German government blames Russia for the attack on Navalny. As a result, calls for an end to the German-Russian pipeline project Nord Stream 2 became louder.
Omid Nouripour, the foreign policy spokesman for the Greens in the Bundestag, would also like to cancel Nord Stream 2. Against the background of the political actions of the Kremlin, he sees the possible guarantee of the federal government for Arctic LNG 2 extremely critical.
“The old ‘change through trade’ approach simply didn’t work with today’s Kremlin. The federal government must finally wake up from its deep sleep, ”said Nouripour in an interview with NewsABC.net. “Instead of initiating the next co-financing of the Kremlin.”
Decision on Arctic LNG 2 is still pending
At the request of “Spiegel”, the Federal Ministry of Economics did not want to comment on a possible guarantee for Arctic LNG 2. The project was known to the ministry, so it was simply called.
However, the magazine reports information from government circles that a final decision on the guarantee is still pending.